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20121201
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
failures pileup. that has washington worried about another bailout, and homeowners worried about the market. jeri willis from the fox business network joins us. they are $16 billion in the red, the fha is what does it mean. >> reporter: taxpayers could be on the hook for this money. let me give you an idea of what is going on here. the federal housing administration insures, it backs these mortgage loans as you know we had the big mortgage meltdown, huge crisissess, values plummeted, people lost their homes. currently the fha stands behind 1.1 trillion in mortgage debt. one one in six of those loans deliquent. one in ten in default. they are facing just a tsunami of bad debt, and once more there is more in the pipeline that we don't even know about. alisyn: i don't have to tell you that the public appetite for bailouts. >> reporter: not high. alisyn: very small. if they don't get a bailout what happens to the country and the housing market? >> reporter: that is not an option i don't think. look, if they aren't able to correct this in some way, fix it in so way they are headed for a bailout
was another law that was just passed in washington, so it is a response to the american law punishes human rights violators in russia. it was sparked by the death of a russian lawyer who died died in jail investigating a fraud case at the request of americans in russia. it singles out dozens of russians that police believe are connected to that case. they can't travel to the united states and their assets are frozen. russia has been defiant in this case. it is even launching a posthumous price for the new law and russian voices speaking of saying it's not fair to penalize children. having adopted 60,000 over last two decades, and as you mentioned, there are several dozen cases right now that are pending. several dozen russian children who are in the final stages of this adoption process. those who should be coming to the united states very soon. it is not clear what's going to happen to them. it's very sad because the parents and children have had numerous visits to russia by the parents. the russians have put them through the loops to see the u.s. governm says it will fight to see that th
and they want want to have that happen. second of all these are deal mayors. they came to washington to get deals done. and they see the result, the goal as a deal to get past this rather than looking at the numbers. the folks on each side eve are looking at the numbers and they say the deficit would be in better shape and the economy in the long run is in better shape. they are looking long term. the deal makers in the center are looking right now and say they are scared of the political consequences and we are not quite sure how the numbers end up, the last thing we need is a rescission. >> reporter: steve vin dinin in washington. thank you. >> reporter: new information on a horrified christmas eve tragedy as a note left by this ex-con suggests that he planned to kill first responders and possibly some of his own neighbors when he set this massive inferno, it happened on monday, after that before shooting two firefighters who arrived at the scene to help. trace gallagher live from our west coast newsroom with more on this disturbing story. trace. >> reporter: police say that note from 62-
to reach a tax-and-spending deal in washington. the president just spoke at length about negotiations and we'll get to that in a moment. but earlier we heard a stern warning for uncle sam, meaning all of us, from one of the world's leading credit rating agencies. fix the fiscal crisis or risk a downgrade. fitch warning again that it may strip the united states of its aaa credit rating if washington is unable to strike a deal to avert these big tax hikes and spending cuts that we're going to see at the end of this year and also to allow borrowing to rise. now this is not the first time we've heard of these warnings or have seen america's credit take a hit. in 2011, standard & poor's cut its u.s. rating to double a from aaa blaming political brinkmanship for preventing on a agreement on raising the debt ceiling. we heard the president talk about the standoff in debt negotiations, a deal our stuart varney said is raising red flags. here is what he had to say earlier on his show. >> right after the election the boss of big labor, richard trumka led a delegation of leftists into the white
, her son attend a college out west, perhaps, in washington state. but, obviously just a terrible, terrible situation. megyn: yeah. we'll have much more on the investigation throughout the next two hours because we are learning quite a bit. rick, thank you. as rick just reported we are learning more about what kind of home life adam lanza had and the kind of struggles his family was facing. by all reports the gunman's mother, nancy lanza was the first victim. friends say she was extremely worried about her son particularly in the last couple of years. earlier today fox's own peter doocy spoke to a family friend about the relationship between adam and his mother. >> reporter: you said there were different things that she tried to do because she had a hard time bonding with him? >> yeah. she was trying to bond, find ways to bond with him and you know, she told me that the guns, you know, she would take them shooting because that was a way that, you know, a single mom could, you know, relate to her son. and so she would take him, take him out shooting. megyn: given what we're learnin
Search Results 0 to 5 of about 6 (some duplicates have been removed)